I am a CPA in Texas with an MBA from the University of Chicago. I have seen a lot and made many mistakes. Hopefully by now I will have learned something from them. Just as importantly, you may learn something from my mistakes. You can e-mail me by clicking on my "View my complete profile".

Sunday, February 14, 2010

The Bloodless Coup Continues-8

"BlackRock, Inc. is adding a former US Treasury official and well-known investment banker to its executive team as it seeks to digest a major acquisition and manage $3.3 trillion of client assets. Kendrick R. Wilson, 63 years old, will join the New York-based money manager Feb. 1 as vice chairman and will have a broad role supporting client relationships and adivisng the management team, BlackRock said on Friday. ... He previously held senior investment-banking roles at Goldman Sachs Group Inc. and Lazard Freres & Co. Mr. Wilson will be 'a valued adviser to BlackRock's management team as we evolve our operating and governance models,' Laurence Fink, BlackRock chairman and chief executive said in a statement", Eleanor Laise at the WSJ, 30 January 2010, link: